Nice video Michael as always!

Basically this is not a surprise that big corporations trying to scaremonger towards Bitcoin and cryptos, so this "current format is a bubble" is a try to "educate" their customers, and those people who are still less informed about crypto space, that wild west in Bitcoin is somehow too dangerious. But as Micheal says: Goldman is trying to pull those people to their way, and say that "our crypto, which we will release soon, will be regulated, will be centralised, and it will be God blessed, and safe with a guarantee of their well established business, etc etc etc. So here is my opinion on all this move:

1. In the future most companies which are using technology (internet, PC, AI, or other related technologies) will have to look and implement Blockchain, for many reasons: transparency, cut the unnecessary costs, make the processes faster etc... so Goldman Sachs is not exclusive, they are looking into Blockchain too (I bet they have whole department to to this).

2. There always will be people, who will choose to use this so called Centralysed crypto, because this will be run by traditional businesses (banks, huge companies, corporations etc...). And on the other hand will be people who will be lucking for a quick buck, so they can get in early, accumulate big amounts of currency, and then when the projects (cryptos coins) will go public to the masses they will unload the coins, and make huge profits. That might be Goldman Sachs themself doing this sort of moves.

3. Like they say: any news is good news for Bitcoin. This once more brings more exposure to the masses, about Bitcoin / Blockchain / Cryptos etc. So spreading the FUD in short term is not good for crypto space, but in the longer term this will make people do research, and be interested more in cryptos.

4)I also believe, that in the future when the regulations will be in place in most countries for security, utility tokens. Most of companies will not be issuing more shares or bonds, to attract some capital for particular projects, or expansion. But companies will be issuing tokens, and giving some sort of dividends, or promosing token appreciations, buy backs etc. So this will work three ways: company attracts capital faster, cheaper / investor can move fast too, invest in tokens, with hopefully higher ROI / after tokens raised capital, and project successfully made profits those tokens can be bought back (destroyed) without influencing the shareholder rights on voting powers, balance in terms of shareholdings.